# PPP loan: SOCOME PRODUCE INC.
> **$350K** approved 04/30/2020 · Paid in Full · Loan `6712187302`
## Borrower
- **Name:** SOCOME PRODUCE INC.
- **Address:** 3201 SKYWAY CT, FREMONT, CA, 94539-5951
- **NAICS:** 445230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Jobs reported:** 127
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*